Plantronics is an electronics company producing audio communications equipment for business and consumers. The Company's headsets are communications tools providing a hands-free connection to communication or entertainment devices, while also allowing freedom of movement for the users. Plantronics uses a variety of technologies to develop high-quality products that meet the needs of the customers, whether for communications or personal entertainment. Its headsets are widely used in applications such as Unified Communications, in contact centers, in the office, and in the home, with mobile devices and Internet telephony, for gaming, and for other specialty applications. Plantronics's major product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems; and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer and gaming headsets, and specialty products marketed for hearing impaired individuals (through Clarity brand).

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Type
Public
HQ
Santa Cruz, US
Founded
1961
Size (employees)
3,852 (est)
Plantronics was founded in 1961 and is headquartered in Santa Cruz, US
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Key People/Management at Plantronics

Joe Burton

Joe Burton

President & Chief Executive Officer
Alejandro Bustamante

Alejandro Bustamante

Senior Vice President of Operations
Marilyn Mersereau

Marilyn Mersereau

Senior Vice President, Marketing & Chief Marketing Officer
Pamela Strayer

Pamela Strayer

Senior Vice President & Chief Financial Officer
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Plantronics Office Locations

Plantronics has an office in Santa Cruz
Santa Cruz, US (HQ)
345 Encinal Street
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Plantronics Financials and Metrics

Plantronics Revenue

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Plantronics's revenue was reported to be $856.90 m in FY, 2018
USD

Revenue (Q1, 2019)

221.3 m

Gross profit (Q1, 2019)

109.8 m

Gross profit margin (Q1, 2019), %

49.6%

Net income (Q1, 2019)

14.5 m

EBIT (Q1, 2019)

20.6 m

Market capitalization (16-Aug-2018)

2.6 b

Closing stock price (16-Aug-2018)

66.2

Cash (30-Jun-2018)

631 m
Plantronics's current market capitalization is $2.6 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

818.6 m865 m856.9 m881.2 m856.9 m

Revenue growth, %

6%(1%)3%

Cost of goods sold

392 m403.4 m422.2 m439.8 m417.8 m

Gross profit

426.6 m461.6 m434.7 m441.4 m439.1 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q1, 2019

Revenue

194 m212.7 m216.7 m215.8 m231.8 m206.4 m215 m225.7 m223.1 m216.2 m232.9 m203.9 m221.3 m

Cost of goods sold

94.4 m102.4 m102 m98 m111.9 m99 m104 m116.2 m110 m105.7 m122.8 m100.6 m111.5 m

Gross profit

99.6 m110.3 m114.7 m117.8 m119.9 m107.4 m111 m109.5 m113.1 m110.4 m110.2 m103.3 m109.8 m

Gross profit Margin, %

51%52%53%55%52%52%52%49%51%51%47%51%50%
Annual
usdY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016FY, 2017FY, 2018

Cash

350 m277.4 m209.3 m228.8 m232.7 m276.9 m235.3 m302 m390.7 m

Accounts Receivable

138.3 m136.6 m128.2 m141.2 m152.9 m

Inventories

55.5 m68.3 m

Current Assets

556.3 m602.7 m597 m699 m899.7 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q1, 2019

Cash

246 m235.5 m235.3 m268.2 m280.4 m475.4 m304.8 m219.1 m227.5 m244.5 m242.5 m290.5 m631 m

Accounts Receivable

123.7 m133.4 m150.8 m140.4 m157.3 m127.2 m139.9 m136.4 m133.2 m136.8 m141.3 m134.8 m161.5 m

Inventories

69.2 m66.6 m61 m63.6 m57.7 m55.9 m57.8 m55.7 m53.9 m52.7 m58 m57.6 m68.1 m

Current Assets

577.4 m553.1 m565.6 m592.2 m623 m805.3 m659.1 m612.4 m612.6 m639.9 m645.6 m715.4 m930.1 m
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

112.4 m112.3 m68.4 m82.6 m(869 k)

Depreciation and Amortization

15.6 m18.7 m20.1 m21 m21.2 m

Inventories

(3.8 m)(13.3 m)

Accounts Payable

(6.3 m)(62 k)5.4 m4.4 m2.9 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019

Net Income

23.1 m34.4 m28.7 m27.4 m30.4 m21.2 m17.9 m16.3 m20.4 m20.5 m22.2 m14.5 m

Depreciation and Amortization

5.2 m

Accounts Payable

36.8 m38.9 m33.2 m38.4 m43.2 m39.7 m46.8 m42.8 m40.7 m5.7 m

Cash From Operating Activities

32.1 m
USDY, 2018

Financial Leverage

2.9 x
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Plantronics Operating Metrics

Plantronics's Customers was reported to be 500 in FY, 2017. Plantronics's Backlog was reported to be $18.6m in FY, 2017.
FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Backlog

$24.30 m$23.40 m$18.60 m

Customers

500 500 500 500 500 500

Partners

15.75 k15.75 k15.75 k15.75 k15.75 k15.75 k

Products

16 k16 k16 k16 k16 k16 k
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Plantronics Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Polycom March 29, 2018$2 b

Plantronics Revenue Breakdown

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Plantronics revenue breakdown by business segment: 28.7% from Consumer and 71.3% from Enterprise

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Plantronics Online and Social Media Presence

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Plantronics News and Updates

Plantronics BackBeat Fit 500 review: balanced sound with big bass

Plantronics BackBeat Fit 500 Review $99.99 View Product The Good Excellent sound for the price • Easy controls for playback and volume on the ear cups • Vibrant color choices differentiate the headphones from other models The Bad Falls short of promised battery life The Bottom Line…

Plantronics Wraps up $2B Polycom Deal – Sees “Habitat Soundscaping” Sales Opportunity

Access to Polycom's sales channels will help the company push its "habitat soundscaping" product The post Plantronics Wraps up $2B Polycom Deal – Sees “Habitat Soundscaping” Sales Opportunity appeared first on Computer Business Review.

This audiophile-approved gaming headset is on sale for 36% off

While the stunning graphics of modern games tend to hog the spotlight in reviews and big announcements, game sound design is also at its pinnacle.  From the satisfying blast of a Winchester in Battlefield 1 to the serene breezes and chattering critters of Breath of the Wild, sound design defines t…

Review: Anker’s new noise cancelling cans offer solid performance for a reasonable price

Through its Soundcore sub-brand, Anker is attempting to position itself as a medium-range audio manufacturer. The latest in this effort is the Soundcore Space NC — a pair of noise-cancelling bluetooth headphones that are now available in the US, retailing at $99. These are the first over-ear headpho…

Mono Bluetooth Headsets 2018 Global Market Key Players – Plantronics, GN (Jabra/Vxi), Samsung (Harman), Motorola – Analysis and Forecast to 2022

WiseGuyRerports.com Presents “Global Mono Bluetooth Headsets Market Report 2018” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
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Plantronics Company Life and Culture

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